commercial: Commercial construction in Colorado - 12/31/07 10:24 AM
According to the Denver Business Journal, commercial construction is expected to increase in 2008, due to a strong commercial real estate market in the Denver area. Commercial builders expect a 10% increase in spending in 2008, completely opposite of what residential builders are seeing. With 2007 being a very strong year (1 comments)
commercial: Medical office market strong - 12/31/07 09:42 AM
The aging population in the US is stimulating growth in the medical office building market, according to a Marcus & Millichap 2007 report. By the end of 2007, 14.5 million square feet of medical office space is expected to be developed, up from 13.2 million square feet in 2006. Median sales (0 comments)
commercial: Commercial Property types - Retail - 06/11/07 12:02 PM
Last but not least, the different classification of retail buildings: Neighborhood center - contains stores for convenience shopping of everyday needs, no indoor mall area, usually anchored by a grocery storeCommunity center - wider range than a neighborhood center, might include more apparel and soft goods storesFreestanding - could be something small (1 comments)
commercial: Commercial Property types - Industrial - 06/11/07 11:37 AM
Here are a few types associated with industrial properties: Bulk - 4 walls, floor and roof, little office space, 50,000 SF and up, loading capabilityOffice/Warehouse - 5-25% office, loading docksOffice/Service - 25%+ office, park-like settings with higher rents (also referred to as flex space)Research and development - Hybrid of office and manufacturing, (1 comments)
commercial: Commercial Property types - Office - 06/11/07 11:32 AM
Even under the general heading of "office" there are many types of office buildings. Generally they are broken up by size and class. Here is a breakdown of the differences: 1. Low-rise- Above ground level, fewer than 7 stories 2. Mid-rise- Above ground level, between 7 and 25 stories 3. High-rise- Above ground level, (0 comments)
commercial: HVAC Maintenance - 05/15/07 10:45 AM
HVAC (heating, ventilation and air conditioning) is a big part of any commercial property, typically a large part of the constant maintenance and upkeep that needs to be done. Why do maintenance on your HVAC system? The simple reason is that maintenance helps you avoid those cataclysmic failures that machines or (1 comments)
commercial: Commercial Questions - How much space? - 02/06/07 03:53 PM
On average, companies need about 250 square feet per employee, but that fluctuates greatly depending on the type of business. For example, a law firm with executive offices could be up in the 800 to 1000 square foot range, whereas a call center could get away with 180 to 200 square (0 comments)
commercial: Commercial questions - The personal guarantee - 02/06/07 11:45 AM
Landlords will often ask for a personal guarantee from start-up businesses, service businesses, and companies in highly volatile industries, to protect themselves from tenants who may go belly up and move out. However, if you are a credit rated tenant with a history of growth, 2-3 years of financials, liquid assets, (0 comments)
commercial: Commercial Questions - The lease. What's negotiable? - 02/06/07 11:38 AM
In a word, everything. In Denver, the commercial real estate market is tightening; office space is filling up (only 13.4% vacancy for office space in Denver) and lease rates are climbing, prompting a new round of new speculative building. In some ways, this means that with a higher demand, landlords are in the (0 comments)
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